Thompson Siegel & Walmsley LLC lowered its stake in Willis Towers Watson Public Limited Company (NASDAQ:WLTW) by 29.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 476,605 shares of the financial services provider’s stock after selling 199,624 shares during the period. Thompson Siegel & Walmsley LLC owned about 0.35% of Willis Towers Watson Public Limited worth $69,327,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Tokio Marine Asset Management Co. Ltd. increased its stake in Willis Towers Watson Public Limited by 363.6% in the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 13,550 shares of the financial services provider’s stock valued at $1,774,000 after buying an additional 10,627 shares during the period. Oppenheimer & Co. Inc. increased its stake in Willis Towers Watson Public Limited by 6.2% in the first quarter. Oppenheimer & Co. Inc. now owns 5,811 shares of the financial services provider’s stock valued at $761,000 after buying an additional 340 shares during the period. LS Investment Advisors LLC increased its stake in Willis Towers Watson Public Limited by 1.2% in the second quarter. LS Investment Advisors LLC now owns 6,432 shares of the financial services provider’s stock valued at $936,000 after buying an additional 79 shares during the period. DekaBank Deutsche Girozentrale purchased a new stake in Willis Towers Watson Public Limited during the second quarter valued at about $23,343,000. Finally, Korea Investment CORP increased its stake in Willis Towers Watson Public Limited by 29,063.2% in the first quarter. Korea Investment CORP now owns 45,203 shares of the financial services provider’s stock valued at $5,917,000 after buying an additional 45,048 shares during the period. 94.38% of the stock is currently owned by hedge funds and other institutional investors.

Willis Towers Watson Public Limited Company (WLTW) traded down 0.25% during midday trading on Friday, hitting $148.10. 666,267 shares of the stock traded hands. Willis Towers Watson Public Limited Company has a 1-year low of $112.76 and a 1-year high of $152.00. The stock has a market cap of $19.89 billion, a PE ratio of 41.92 and a beta of 0.94. The company has a 50-day moving average of $148.63 and a 200-day moving average of $139.76.

Willis Towers Watson Public Limited (NASDAQ:WLTW) last released its earnings results on Thursday, August 3rd. The financial services provider reported $1.45 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.48 by $0.03. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.95 billion. Willis Towers Watson Public Limited had a net margin of 4.75% and a return on equity of 10.63%. Willis Towers Watson Public Limited’s revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.66 earnings per share. On average, equities analysts expect that Willis Towers Watson Public Limited Company will post $8.43 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: This story was first published by Watch List News and is the property of of Watch List News. If you are accessing this story on another website, it was copied illegally and republished in violation of US & international copyright laws. The original version of this story can be read at https://www.watchlistnews.com/thompson-siegel-walmsley-llc-has-69-33-million-stake-in-willis-towers-watson-public-limited-company-wltw/1538254.html.

WLTW has been the topic of several analyst reports. Deutsche Bank AG reaffirmed a “sell” rating and set a $130.00 price target (up previously from $121.00) on shares of Willis Towers Watson Public Limited in a research note on Wednesday, August 9th. Morgan Stanley reaffirmed an “overweight” rating and set a $160.00 price target (up previously from $150.00) on shares of Willis Towers Watson Public Limited in a research note on Friday, July 7th. William Blair reaffirmed an “outperform” rating on shares of Willis Towers Watson Public Limited in a research note on Monday, August 21st. Wells Fargo & Company reaffirmed a “sell” rating on shares of Willis Towers Watson Public Limited in a research note on Thursday, August 3rd. Finally, Barclays PLC lifted their price target on shares of Willis Towers Watson Public Limited from $154.00 to $171.00 and gave the stock an “overweight” rating in a research note on Friday, June 30th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and twelve have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $152.69.

In related news, insider Jeffrey W. Ubben sold 311,000 shares of the company’s stock in a transaction on Monday, August 28th. The shares were sold at an average price of $149.02, for a total transaction of $46,345,220.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jeffrey W. Ubben sold 105,000 shares of the company’s stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $151.27, for a total transaction of $15,883,350.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,718,000 shares of company stock valued at $406,662,450. Corporate insiders own 6.70% of the company’s stock.

Willis Towers Watson Public Limited Company Profile

Willis Towers Watson Public Limited Company (Willis Towers Watson) is a holding company. The Company operates as a global advisory, broking and solutions company. It is engaged in offering risk management, insurance broking, consulting, technology and solutions, and private exchanges. The Company operates through eight segments: Willis International; Willis North America; Willis Capital, Wholesale & Reinsurance (CWR); Willis GB; Towers Watson Benefits; Towers Watson Exchange Solutions; Towers Watson Risk and Financial Services; and Towers Watson Talent and Rewards.

Want to see what other hedge funds are holding WLTW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Willis Towers Watson Public Limited Company (NASDAQ:WLTW).

Institutional Ownership by Quarter for Willis Towers Watson Public Limited (NASDAQ:WLTW)

Receive News & Ratings for Willis Towers Watson Public Limited Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Willis Towers Watson Public Limited Company and related companies with Analyst Ratings Network's FREE daily email newsletter.